Volkswagen:Quarterly Results/2024 Q4: Difference between revisions

Volkswagen:Quarterly Results/2024 Q4 (view source)

Revision as of 13:29, 18 February 2025

2,999 bytes added , 18 February

→‎Competitor results and expectations

VisualWikitext

Aron

Administrators

6,354

edits

@@ Line 83: / Line 83: @@
 == Competitor results and expectations ==
+=== General Motors ===
+* GM's Q4 2024 revenue came in at $47.7 billion versus analysts estimate o<ref>[https://www.cnbc.com/2025/01/28/general-motors-gm-earnings-q4-2024.html#:~:text=GM's%20%2447.7%20billion%20in%20revenue,fourth%20quarter%2C%20which%20ended%20Dec. https://www.cnbc.com/2025/01/28/general-motors-gm-earnings-q4-2024.html#:~:text=GM's%20%2447.7%20billion%20in%20revenue,fourth%20quarter%2C%20which%20ended%20Dec.]</ref>f $43.93 billion.
+* CFO Paul A. Jacobson said in the earnings call<ref>[https://www.fool.com/earnings/call-transcripts/2025/01/28/general-motors-gm-q4-2024-earnings-call-transcript/#:~:text=Getting%20into%20the%20fourth%2Dquarter,an%20EPS%2Ddiluted%2Dadjusted. https://www.fool.com/earnings/call-transcripts/2025/01/28/general-motors-gm-q4-2024-earnings-call-transcript/#:~:text=Getting%20into%20the%20fourth%2Dquarter,an%20EPS%2Ddiluted%2Dadjusted.]</ref> that they expect a similar U.S. industry year over year to 2024.
+* Jacobson said pricing was strong across the board. He added that demand was also strong in Q4. Although they expect strong pricing to continue, they are guiding a 1% to 1.5% year over year decline in pricing in 2025 in the North America market due to potential high incentives and a moderation in average transaction prices (ATPs). He pointed out that pricing was good in January but there is so much noise in it, hence they see it fit to be cautious.
+=== Ford ===
+* Ford reported automotive revenue of $44.9 billion in Q4, exceeding analysts estimate <ref>[https://www.cnbc.com/2025/02/05/ford-motor-f-earnings-q4-2024.html#:~:text=For%20the%20fourth%20quarter%20of,per%20share%20of%2039%20cents. https://www.cnbc.com/2025/02/05/ford-motor-f-earnings-q4-2024.html#:~:text=For%20the%20fourth%20quarter%20of,per%20share%20of%2039%20cents.]</ref>of $43.02 billion.
+* CFO Sherry House said in the earnings call<ref>[https://www.fool.com/earnings/call-transcripts/2025/02/06/ford-motor-company-f-q4-2024-earnings-call-transcr/#:~:text=We%20delivered%20%2410.2%20billion%20in,to%20%2447%20billion%20in%20liquidity. https://www.fool.com/earnings/call-transcripts/2025/02/06/ford-motor-company-f-q4-2024-earnings-call-transcr/#:~:text=We%20delivered%20%2410.2%20billion%20in,to%20%2447%20billion%20in%20liquidity.]</ref> that pricing and inventories have normalized in the ICE segment.
+* Sherry added that they are lower industry pricing of roughly 2%, driven by incentives.
+=== Tesla ===
+* Tesla's Q4 2024 revenue came in at $25.71 billion versus $27.26 billion expected<ref>[https://www.cnbc.com/2025/01/29/tesla-tsla-2024-q4-earnings.html#:~:text=Tesla's%20revenue%20increased%20just%202,over%20year%20to%20%241.6%20billion. https://www.cnbc.com/2025/01/29/tesla-tsla-2024-q4-earnings.html#:~:text=Tesla's%20revenue%20increased%20just%202,over%20year%20to%20%241.6%20billion.]</ref>.
+* Tesla cited reduced average transaction prices (ATPs) across its Model 3, Model Y, Model S and Model X lines as a major reason for the drop in revenue.
 == Analysts opinions ==